current crypto cycle, what to expect
I have a clarification regarding the current crypto cycle:
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Each cycle is less intense than the previous one in terms of rise and massive results, and naturally the current cycle is like that. However, add to this the accelerating events of Trump's decisions and his support and his paralysis of a small number of currencies, even the currency named after him.
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Because of Trump, we are victims of change, the results of which will be positive for the currencies he directly supported only in the coming years, not this year.
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This cycle will be the worst cycle for altcoins due to the channeling of liquidity to Bitcoin alone, since Trump's arrival, and everyone has witnessed this. In fact, altcoins have not had room to move, as they have been hit by various types of pressure, such as Bitcoin's takeover, news, or decisions.
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Most of those who set high goals for altcoins in this cycle, and I am one of them, may be shocked by the timid results.
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The person responsible here for where and when the altcoin wave will begin and end is ETH. Its numbers will determine that.
-- The positive thing for me was Friday's slide, which occurred within a quarter of an hour and then rebounded. This is a continuation of the trend, but it should have happened to ease the burden on their upward plan. Otherwise, what's the point of a decline and a bullish obstacle in minutes? Some currencies achieved a 250% rebound!
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If Friday's behavior had been a continuous collapse, it would have been an opportunity to close the candle where it reached and continue the downward journey the following day. However, the opposite happened because the time had not yet come.
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Finally, prepare yourself for numbers lower than your expectations and hopes. This isn't pessimism on my part, but rather a lack of time. I may be wrong, but I had to write this post.